Christopher Olivia is a Member Advisor of Polus Capital.
Dr. Olivia is an experienced physician and executive. He has managed health insurance companies, hospitals, healthcare facilities, physician practices in both an academic and community environment and he has founded a medical school.
Dr. Olivia is presently the President of Continuum Health Alliance. Continuum Health is an ambulatory care company that manages clinical, ancillary and business services with 1,000 total physicians under management.
In his immediate previous role, he was the Senior Vice President for Strategic Planning and New Venture Development at Highmark where he assisted the CEO with provider division strategy and the completion of the West Penn Allegheny Health System merger which he initiated. This merger is the largest payer-provider one to date valued at $1.1 billion and resulted in the country’s third largest integrated payer-provider system after the Veteran’s Administration and Kaiser.
Dr. Olivia initiated the merger with Highmark as President and Chief Executive Officer of the West Penn Allegheny Health System. West Penn was a hospital-based, academic health system with two major teaching facilities and $1.8 billion in revenue with 13,000 employees.
Prior to his arrival, the system had losses of nearly $100MM per year and little cash reserves. There he led a $250MM turnaround of the health delivery system by consolidating 6 hospitals and 700 physicians into a system of care. During his tenure, the flagship hospital was named a Top 50 Hospital by US News and World Report and the health system was named to the top 57 in the country by Thomson Reuters.
Prior to this he led the turnaround and growth of the Cooper Health System in Camden, NJ as CEO. Dr. Olivia has extensive experience in venture-backed healthcare IT start-ups having served on the board of 9 such entities. Presently he is a board member of the teleradiology company Foundation Radiology and eviti, a cancer care management company.